PARRIS N. GLENDENING, Governor                             Ch. 656

(9)     Has failed to pass an examination required pursuant to this subtitle; or

(10)   Has wilfully failed to comply with, or has wilfully violated, any proper
order, rule or regulation issued by the Commissioner; or

(11)   Has failed or refused, upon demand, to pay over any money in his hands
which belongs to an insurer, agent, broker, or other person entitled to receive the same;
or

(12)   Has otherwise shown lack of trustworthiness or lack of competence to
act as agent or broker; or

(13)   Is not or does not intend to carry on business in good faith and hold
himself out to the public as an agent or broker; or

(14)   Has been refused a license or certificate or had his license suspended or
revoked in another state; or

(15)   Has intentionally or wilfully made or issued, or caused to be made or
issued, any statement materially misrepresenting or making incomplete comparisons
regarding the terms or conditions of any policy or contract issued by any authorized
insurer, for the purpose of inducing or attempting to induce the owner of such policy or
contract to forfeit or surrender such contract or allow it to lapse for the purpose of
replacing such policy or contract with another; or

(16)   Has transacted insurance business which was directed to him for
consideration by a person whose license or certificate to engage in the insurance business,
at that time, was suspended or revoked and the applicant for or holder of such license or
certificate knew or should have known that the person's license or certificate was
suspended or revoked; or

(17)   If applying for renewal of an agent's certificate, has not held an
appointment with an insurer for more than 2 years from the date of renewal; or

(18)   Has solicited, procured, or negotiated for an unauthorized insurer
insurance contracts, including contracts for nonprofit health service plans, dental plan
organizations, and health maintenance organizations; or

(19)   Has knowingly employed or knowingly continued to employ an
individual acting in a fiduciary capacity who has been convicted of a felony or crime of
moral turpitude within the preceding 10 years.

(b) (1) Subject to the hearing provisions of §§ 35 through 39 of this article, the
Commissioner may deny, refuse to renew OR REINSTATE, suspend, or revoke the
certificate of qualification of a limited liability company, corporation, or partnership if an
individual [who has direct control over its fiscal management or an agent, broker,
director, officer, partner, member, manager, owner, or employee of a limited liability
company, a partnership, or a corporation] LISTED IN PARAGRAPH (2) OF THIS
SUBSECTION has:

[(1)](I) Violated any provision of this subtitle;

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